Egnyte Named a Visionary in Gartner’s Magic Quadrant for Enterprise File Synchronization and Sharing

Evaluation based on Completeness of Vision and Ability to Execute

Egnyte, the market leader in Adaptive Enterprise File Services, today announced it has been named a Visionary in Gartner’s Magic Quadrant (MQ) for the Enterprise File Synchronization and Sharing (EFSS) market (report published July 22, 2015 - download here). While this fast-moving market has drastically changed over the past year — with IPOs, privatization, and acquisitions — Egnyte has maintained its focus and is the only vendor in the MQ to make a significant move into a new category. The company has been recognized for its completeness of vision and ability to execute, and is positioned the highest for ability to execute in the Visionaries quadrant.

“Since founding Egnyte, we have focused on evolving our enterprise solution to map to the current and future needs of customers across industries,” said Vineet Jain, co-founder and CEO at Egnyte. “We feel our position in the Gartner EFSS MQ highlights our continued commitment to the market to deliver high-value solutions with an open, hybrid approach. We believe it also validates the expansion plan for our portfolio into content analytics and file management, which will lay the foundation for the next generation of File Services.”

Egnyte has forged ahead in the EFSS market, mapping to the needs of both IT and businesses users. The company earlier this year announced its Adaptive Enterprise File Services aimed at providing content analytics to improve workflow efficiencies and optimize infrastructure investments. As the only provider with an open and advanced hybrid infrastructure, Egnyte provides the unique flexibility companies across industries need from their EFSS provider, including an open platform to connect with any cloud, on-premises storage or application. This significantly eliminates vendor lock-in and preserves past infrastructure investments.

With its continued commitment to effectively meet the needs of enterprises across industries, Egnyte’s open, hybrid architecture has been built for secure access and sharing of files, answering business users’ needs —even when on the go— and in heterogeneous on-premises and cloud environments. The company’s focus has been on enhancing its public API, offering intelligent content analytics, and simple deployment methods.

For the full overview of Egnyte, you can view the full Gartner MQ report here.

About Egnyte

Egnyte transforms business through smarter content allowing organizations to connect, protect, and unlock value from all their content.
Our Content Intelligence platform delivers smart content collaboration and governance in the cloud or on-premises to thousands of businesses
around the world even the most regulated industries. Founded in 2007, Egnyte is privately held and headquartered in Mountain View, CA. Investors
include venture capital firms, such as Google Ventures and Kleiner Perkins Caufield & Byers, as well as technology partners, such as
CenturyLink and Seagate Technology. Please visit www.egnyte.com or call 1-877-7EGNYTE for more information.